Investment Project: Production of LED chips
The development of the trend towards energy saving contributes to the growth of the market for LED light sources, including in the territory of the Republic of Uzbekistan. Practice shows that the demand for LED systems depends on the volume of government orders and funds
allocated for the implementation of energy efficient technologies.
As you know, demand creates supply. Therefore, today we are witnessing the rapid development of the market for lighting fixtures with LED light sources. Indeed, thanks to their miniature size, more options have appeared for the implementation of the most daring and non-standard design projects.
Advantages of project implementation:
According to analysts, by the end of this year the volume of the domestic lighting market will reach 1.4 billion USD. Last year, LEDs accounted for about 60% of the total turnover in the consumer and professional sectors of the lighting market.
The total import volume of LED chips in 2018 amounted to 30,743.6 thousand units. In monetary terms, this indicator amounted to 4.7 million USD. In 2019, the volume of imports increased by 5%, reaching 32,141.5 thousand units in quantitative terms, and in monetary terms - 6.1 million USD.
If necessary, assistance will be provided in the search and identification of local partners with production experience that are part of the Uzeltexsanoat Association.
Key investment indicators:
$23.4 M Estimated project cost
5 years Payback period of the project
293 Number of new jobs created
The local market of Uzbekistan, as well as neighboring Central Asian and CIS countries, are considered as the main markets for products.